Recommended small sign up offers for newbies
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Hi,
For the first few sign up offers I want to choose those of low value so they are appropriate with a small starting pot of cash. Are there any bookmakers currently offering small sign up offers who do not raise these offers periodically? I want to select these so that I do not miss out on any more profitable sign up offers that would be more appropriate once I have gained some experience.
Many Thanks,
TE+0April 29, 2016 at 7:09 pm
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Welcome.
You have definitely got the right idea. You’re best off starting with the small offers for two reasons, first if you make a mistake it won’t cost you as much and second, they are perfect for building your cashpot and experience. This is also perfect practise for maximising the bigger bonuses.So the first thing to do is set up your exchange account. Check what the sign up offers are for smarkets and betfair and you can probably start off with these. Then on to the £10 bookies like Genting, 32red, stan james (If you google something like “betting sign up offers” there are plenty of websites with lists but I wouldn’t recommend clicking through from them) and on to the £20 ones like coral, betfred, sky. if you find a bookie that you think might be a bit stingy you could google them to see if they used to have a better offer and then judge whether they will bring it back or not. Sometimes people like William hill will have a special deal if you sign up during a big race meeting (like Ascot) but of course to take advantage of these you need to be happy with betting on horses, and have the float available. And TBH I didn’t notice any special deals during Cheltenham, so they may not change their current offers anyway.
And remember to read the T+Cs!
Good luck.+0
Thank you for your advice.
I already have a Betfair account, which I have used for very occasional mug betting in recent years, but I will certainly open a Smarkets account.
I am aiming to work my way through the sign up bookie offers along the lines you have suggested next weekend. In the meantime I am doing as much reading up around the subject as possible before then.
I have got several bank accounts, as these offer the best rates for savings, so I can use one of these secondary accounts to fund match betting. I am also going to set up a new email address, so all matched betting correspondence is separate from my other email.
Cheers,
TE+0
You sound like you have all your ducks in a row TE, nice to see people coming into this with a bit of thought and planning, not just blindly following the instructions of others 🙂
Not much to add to what @deathstar said, all good advice, other than you want to avoid any sign ups that involve wagering/wagethrough requirements (referred to on most forums like this as WR). These require a hefty float to extract maximum value (by hefty I mean £2k at least). Also, personally I’d avoid the “risk-free bet” and/or “bonus fund” sign up offers until such time as you have exhausted all of the “free bet” sign ups.
The sign ups you see listed on this site are indicative of what these bookies normally always offer, so don’t worry that you are going to regret doing them in fear of larger ones later on. Hills did have a £100 free bet offer on for new accounts over Cheltenham (vs their usual £30) but such increased terms are rare.
Good luck! 🙂
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Thank you for your additional advice.
I had read posts about WR complications and particularly difficulties these can cause if the bets (rather than the lays) keep winning. It makes sense to prioritise the simpler free bets before attempting the other offer types.
From what you have both said, I don’t think I should get too hung up about missing out on higher start up offers in the future, as these would be relatively small sums when there is more to be made from reloads by ensuring that the accounts are kept in good shape.
Cheers,
TE+0
Thats exactly right, sign ups are only a very small part of the bonuses on offer.
Another quick thing, get some more email addresses. Some bookies are related to others (eg paddy power and betfair, totesport and betfred) so you will want to use different emails for them. obviously they will catch up eventually, but this will at least allow you to sign up without them saying your details are already on file. I use 4 different emails and one bank account, along with a skrill account and paypal.
the advantages of skrill is a quick withdrawal time (usually 6-12 hours instead of 3-5 days) for faster recycling of your balance, however more and more bookies are not allowing bonuses for customers who use skrill now+0
… whereas PayPal offers the same efficiencies and normally IS safe in terms of eligibility (though always check the T&Cs)
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Hi and thanks again,
My Betfair account is linked to my usual email, so my new matched betting email should be OK for Paddy Power. I have an old yahoo email that I have never used that I can apply to one of Totesport and Betfred. Is there a definitive list of related bookies posted on here or elsewhere?
I was just going to use the current account, but I do have a PayPal account already so I should give consideration to funding bookies through that if speed is an advantage. Do you know if it is possible to alternately fund a bookie through both a bank account or PayPal or do you have to stick with one or the other?
Cheers,
TE+0
Not sure tbh, I know Betfair has a net withdrawals policy whereby you must withdraw at least as much as you deposited via the same means (where you use 2 or more funding sources), so maybe some bookies are the same.
Personally I use PayPal wherever possible, which can be a real help when you’re starting out. Waiting 2 hours instead of 3-5 days to get your money out of a bookie can be invaluable in terms of reinvesting it in the next SUB. Eventually you will have sufficient float to keep money in all your main bookie accounts, but even then I personally find PayPal simple. Doesn’t leave a dirty great audit trail of gambling transactions on your bank statements either!
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yeah most bookies have the net withdrawal thing, as I’ve just found out with 365.
a list of affiliated bookies can be found here, although I’m not sure how up to date it is
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Thank you both.
The consensus seems to be to fund with Paypal unless the bonus offer specifically excludes it and the bank account can be used as back up. I usually only use Paypal to make purchases (most typically from ebay) via a credit card, so there is normally no money resting in it. I presume I would have to fund Paypal through a bank account otherwise the credit card will charge a fee for a money transfer rather than a purchase?
On the betclone page it says last updated 4th April 2016 on the left hand side of the table, so hopefully another update due shortly.
Cheers,
TE+0
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